HOUSTON -- The biggest names in the oil world come together this week for the largest industry gathering since the end of a two-year price war that pitted Middle East exporters against the firms that drove the shale energy revolution in the United States. When OPEC in November joined with several non-OPEC producers to agree to a historic cut in output, the group called time on a fight for market share that drove oil prices to a 12-year low and many shale producers to the wall.
SALMON, Idaho -- Wildlife advocates are ramping up their campaign against the annual culling of bison that roam onto state lands in Montana each winter from Yellowstone National Park, erecting dramatic billboards showing buffalo bleeding in the snow.
Caterpillar Inc was sued on Friday for allegedly deceiving shareholders about its business, one day after federal law enforcers raided three of its buildings in connection with a probe into the heavy machinery manufacturer's offshore tax practices. In a complaint filed in Chicago federal court, Jacob Newman accused Caterpillar of defrauding him and other shareholders in regulatory filings by touting its commitment to good ethics, while concealing how it "unlawfully used foreign subsidiaries" to avoid paying billions of dollars of U.S. taxes.
CHICAGO - Federal law enforcement officials searched three facilities of heavy machinery manufacturer Caterpillar Inc on Thursday, a spokeswoman for the U.S. Attorney Office for the Central District of Illinois said, prompting a sharp selloff in the company's stock. The spokeswoman, Sharon Paul, confirmed that federal law enforcement activity was conducted at locations in Peoria, East Peoria and Morton. It was not immediately clear why federal agents raided the three locations.
The White House on Tuesday, Feb. 28, denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the U.S. Renewable Fuels Association (RFA) said Trump's team had informed the group an order was pending. Trading in U.S. refinery shares, fuel futures and corn prices was turbulent and in bigger-than-usual volumes on the news of the pending order and its subsequent denial, as investors puzzled over what it would mean for the price of gasoline, ethanol and the companies that produce them.
The world's top agricultural traders and biotechnology firms are finding novel ways to make fish oil substitutes from grains and algae as they seek to cash in on consumer health fads that have led to a scarcity of the fatty acids commonly found in fish. Fish are the fastest-growing protein source in a global food supply chain straining to feed a population of nearly 7.5 billion people. To keep farm-raised fish healthy, they are fed Omega 3 fatty acids that are found in the oil of other fish. The same acids are increasingly popular in fish oil dietary supplements for humans.
WASHINGTON - President Donald Trump will sign a measure on Tuesday directing regulators to review an Obama administration regulation that expanded the number of federally protected waterways, a senior White House official said. Trump's order will also direct the Justice Department to ask a federal court to put legal challenges to the rule on hold as the administration conducts its review, the official said.
NEW YORK, Feb 21 - A runaway bull led New York City police on a wild chase after escaping from a slaughterhouse on Tuesday, but the animal died after being cornered in someone's backyard, officials said. During the chase, TV news helicopter video footage showed one fruitless capture attempt after another in the borough of Queens. Police officers tried and failed to use their patrol cars to box the raging bull in, and at one point it dashed away from one gathering of onlookers only to rush toward others.
TransCanada Corp, Canada's No. 2 pipeline operator, filed an application with Nebraska authorities to route its Keystone XL pipeline through the state, after U.S. President Donald Trump cleared the way for the project last month. In November 2015, the pipeline company withdrew the route application it had made to the Nebraska Public Service Commission, after then President Barack Obama denied a permit for the controversial project over environmental concerns.